STORY OF THE WEEK
Asian capital takes the throne from domestic investors

Story of the week

14
Aug
2019

Asian capital takes the throne from domestic investors

by Property Forum
Flow volume into the CEE-6 commercial real estate markets picked up in Q2 2019, registering a cycle-high €3.3 billion for the quarter. Following on from the weaker Q1, H1 2019 volumes at €5.5 billion were thus just -3% down on H1 2018’s record, according to Colliers International's latest report.
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Report

14
Aug
2019

Europe's retail sector is cooling down

by Property Forum
According to Cushman & Wakefield’s latest DNA of Real Estate Q2 2019 report, the European logistics sector continues to perform strongly with strong rental growth and investor demand driving down yield by 2bps, whereas yields in the European office and retail sectors remained flat.
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Investors to start looking at hotels in Romania Investors go for Czech and Hungarian assets Eastern Poland attracts more investors

Investment

14
Aug
2019

Colas buys asphalt plants from Skanska in Poland

by Property Forum
The valuation team of Cresa Poland advised Colas, part of the Bouygues Group, on their acquisition of 11 asphalt plants from Skanska. 
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Spaceflow raises €1.6 million Zeitgeist AM to renovate historic Kraków building LaSalle buys warehouse from Panattoni in Poland

Industrial

14
Aug
2019

CTP completes Belgrade building

by Property Forum
CTP Invest's first project in Serbia - construction of CTPark Belgrade West - has been completed successfully.
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CTP launches operations in Bulgaria Panattoni starts large-scale Warsaw project CTP expands its network in Budapest

Retail

14
Aug
2019

Mall openings in Romania to accelerate in 2019

by Property Forum
Delivery of retail space will accelerate in the second half of the year, when approximately 150,000 square meters will be delivered in several cities in the country with new deliveries in Bucharest amounting for 35,000 square meters, according to the H1 Romania Retail MarketBeat report, realized by  Cushman & Wakefield Echinox.
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Retail developers focus on regional cities in Romania Primark to open first store in Poland Bucharest shopping centre secures financing

Office

14
Aug
2019

TriGranit opens new building in Kraków complex

by Property Forum
Building H, the eighth element of TriGranit’s Bonarka for Business (B4B), one of the most popular office complexes in Kraków, has been opened. The eight-storey, Class A office building with 9,855 sqm GLA already has a 45% occupancy rate, while the occupancy of Building F has recently reached 100%. So far in 2019, there have been more than 11,000 sqm new leases or lease extensions in the Bonarka office complex. TriGranit is preparing the delivery of two further office projects in the B4B complex, Building I and Building J, each with 10,000 sqm GLA.
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Office take-up increases in Bratislava Czech developer to enter Budapest’s office market New tenants drive Budapest’s office market

Residential

14
Aug
2019

Hagag breaks ground on its largest Bucharest project

by Property Forum
Real estate developer Hagag Development, part of Hagag Group Israel, breaks ground on its largest residential project to be developed in Romania: H Pipera Lake. Out of the total number of 390 apartments to be delivered in the first phase, 45% have already been sold.
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Poland’s residential market cools down a bit Golub GetHouse presents new real estate brand Residential developers still doing well in Poland

Career

31
Jul
2019

CBRE manages development of factories in Romania

by Property Forum
Over the past five years CBRE, through the Building Consultancy Division, has managed the building projects of three production units in Romania with a surface area of approximately 50,000 sqm that totals customer investment of over €100 million.
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CBRE's managed portfolio in CEE expands by 50% CBRE Romania puts humanoid robot into work Colliers Hungary names new leasing director

Hotel

25
Jul
2019

Radisson to open two new resorts in Poland

by Property Forum
Radisson Hotel Group announced an agreement with Zdrojowa Invest & Hotels group for two new-build Radisson resorts in Poland. The hotels span the country, from the foothills of the Karkonosze Mountains in Szklarska Poręba to the northern Baltic coast in Kołobrzeg. The hotels will be part of the upscale Radisson brand, bringing the group's portfolio in Poland to 18 properties across five brands – including Radisson Collection, Radisson Blu, Radisson RED, Radisson and Park Inn by Radisson.
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Prague hotel market maintains positive momentum Poland’s hospitality market attracts more developers Warsaw’s hotel market continues to develop rapidly

Interview

13
Jun
2019

The region is not slowing down just yet

by Property Forum
Although the results of this year’s first quarter have been weaker than expected on the CEE investment market, this does not automatically mean than a slowdown has started. Andy Thompson MRICS, Head of Investment Czech Republic & Slovakia at Colliers International shared his market expectations with Property Forum.
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Slovakia and Romania are becoming more attractive to investors The Czech investment market is not cooling down PropTech is becoming more global in 2019

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